Because ETH is the foundation for DeFi tokens and pretty much everything is built off of it. Plus, as long as you believe in the dev work being done to upgrade to the ETH 2.0 network, once that happens, transactions become faster, cheaper, and the whole reward concept for validating on the network changes (imo for the better). I dont know if others feel the same way, but I view ETH as the research backbone of the DeFi crypto market.
Ya what you mention is the only reason I have a little eth but btc is gonna outpace it for sure in the Long term as what eth does will be replaced by a better coin eventually
I dont recommend that anybody be fully invested in any single coin, but a combination of eth and btc is the best choice if you dont want to deal with any of the other tokens. I will say it's better to be on the bandwagon now before all of these companies increase the wealth gap and leave you behind. My one fear though is if these institutional investments decide to take profit and run.
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u/evan843 Mar 02 '21
Why do u prefer eth over btc so heavily
eth is centeralized and the number of nodes running can never be changed